Sittwe Port Provides Major Fillip To Trade In Northeast India

India’s Minister for Ports, Shipping and Waterways and AYUSH Sarbananda Sonowal and Myanmar’s Deputy Prime Minister and Union Minister for Transport & Communications Admiral Tin Aung San jointly inaugurated the Sittwe Port in Rakhine State, Myanmar recently. It is the first Indian cargo ship that was flagged off from Syama Prasad Mookerjee Port in Kolkata.

This project was conceptualized to provide alternative connectivity of Mizoram with Haldia / Kolkata / any Indian ports through the Kaladan River in Myanmar. The project envisages highway/road transport from Mizoram to Paletwa (Myanmar), thereafter from Paletwa to Sittwe (Myanmar) by Inland Water Transport (IWT) and from Sittwe to any port in India by maritime shipping.

There will be a 50 per cent reduction in the cost & time of transportation of goods between Kolkata and Agartala and Aizwal with the development of Sittwe Port.

With this project, northeast India is set to become a gateway to Southeast Asia.

Sittwe Port has been developed as a part of the Kaladan Multi-Modal Transit Transport Project (KMTTP) funded under grant-in-aid assistance from the Government of India. Once fully operationalized the waterway and road components of KMTTP will link the East coast of India to the North-eastern states through the Sittwe port.

Sonowal said, “It is a historic day for both India and Myanmar as we further our relationship for mutual growth & cooperation in trade and commerce with the commencement of operations at the Sittwe Port. The port provides ample scope to unlock huge value in trade and commerce between India and Myanmar, especially between Northeast India and the Rakhine State of Myanmar. It provides an efficient conduit for the trade interests of Northeast India for far economical and swift transportation between Kolkata and Northeast India.”

The present Indian government is focusing on the development of the northeastern part of the country. From road projects to port projects, the government is trying all out to ensure the development of the states. Lots of meetings of the ongoing G20 under India’s presidency are taking place in Northeast India.

“Under the dynamic leadership of Prime Minister Shri Narendra Modi ji, the work at the Sittwe Port was accelerated as we continue under Modi ji’s leadership to enable and empower the potential and possibilities of Northeast India. I must take this opportunity to thank Admiral Tin Aung San and the government of Myanmar as we further consolidate our historic ties with the commencement of Sittwe Port. India remains committed towards the development and prosperity of the people of Myanmar through developmental initiatives such as the Sittwe Port. I am confident that the Sittwe port will act as the gateway of India to Southeast Asia, ushering growth & progress,” he added.

Sittwe Port has been developed as part of the Kaladan Multimodal Transit Transport Project (KMTTP) funded under grant-in-aid assistance from the Government of India. Once fully operationalised, the Sittwe port will link the East coast of India to the North-eastern states, resulting in considerable savings in cost and time as well as providing an alternative route for Northeast India to access International Sea Route via Sittwe port, reported Hubnews.

The seaport with a maximum capacity of 20,000 DWT will make Sittwe the maritime hub of Myanmar, drastically reducing the transportation cost of cargo from other parts of India to North East India, and opening up unprecedented avenues of economic growth in the region.

Source ANI